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Uganda’s Financial Intelligence Authority Wants Government to Formulate a Crypto Regulatory Framework
25.5.2021
Uganda’s Financial Intelligence Authority (FIA) says it wants the country’s Finance Ministry to help formulate a regulatory framework for crypto service providers. According to the FIA, this call for the government’s intervention has prompted by the Ugandan crypto industry’s...
Korean crypto exchange Bithumb toughens up its Anti-Money Laundering measures
9.3.2021
The operator of South Korean cryptocurrency exchange Bithumb has placed restrictions on trading accounts registered in jurisdictions that are deemed to be too lax in curbing money laundering
Exchanges warn that Hong Kong's crypto retail trader ban could backfire
15.2.2021
Crypto industry concern mounts ahead of the likely introduction of a bill to ban retail traders from cryptocurrency activities in Hong Kong
The United States updates its crypto AML/CFT laws
24.1.2021
The U.S. Anti-Money Laundering and Combating the Financing of Terrorism laws: Where will these updates lead the crypto space?
Kyrgyzstan Central Bank Is Set to Introduce Bills to Monitor Crypto Exchanges Activities and Forcing Them to Apply for Permits
6.1.2021
The National Bank of the Kyrgyz Republic (NBKR) revealed its new-year plans for the national crypto industry. They are about to introduce two drafts to regulate the country’s exchanges that aim to combat terrorism, money laundering, and protecting consumers. Kyrgyzstan Central Bank Set...
France moves to ban anonymous crypto accounts to prevent money laundering
10.12.2020
France is preparing new frameworks to prevent anonymity in crypto
Crypto firms still not widely adopting ‘travel rule,’ says FATF deputy
16.11.2020
David Lewis, executive secretary and G20 deputy at the Financial Action Task Force, says crypto firms still have a long way to go before they're compliant
Cybercrime task force monitoring the global digital financial system
24.10.2020
Regulators are addressing the growing threat of transnational cybercrimes in the financial industry
US federal court calls NSA’s mass phone data collection illegal
2.9.2020
A U.S. circuit court has concluded its review of a terrorism financing case that begin in 2010, saying that the NSA's phone tapping was illegal but that it was a minor part of the evidence
Banks in Mexico Pose Greater Money Laundering Risk Than Crypto Firms, Says Report
28.8.2020
Commercial banks by far pose the greatest risk of money laundering in Mexico compared to crypto-related companies, according to a new report by the country’s Financial Intelligence Unit (FIU). The study singles out what it calls the “G7 banking group”, which includes BBVA...
No Evidence ISIS Is Storing $300 Million in Bitcoin, Says Chainalysis
21.5.2020
Blockchain intelligence firm Chainalysis has dismissed claims ISIS is holding a $300 million bitcoin (BTC) war chest. In a “fact-checking” report, published on May 20, 2020, the U.S. company accused the media of sensationalizing allegations about BTC and other cryptocurrencies being...